InCred

InCred Financial Services Limited

About this app

InCred Financial Services is a registered NBFC. Under InCred Financial Services we offer Personal Loans, SME loans, and Educational loans under InCred brand umbrella.
InCred is a new-age financial services group that leverages technology and data science to make lending quick and easy. InCred endeavours to disrupt the status quo in traditional lending with its simplified processes and a razor-sharp focus on serving the unique needs and circumstances of borrowers.
More out InCred can be found at www.incred.com.

What does our App do?
Personal Loans:
InCred Personal Loans are there to serve all your needs - whether you are planning your wedding, going on a dream holiday or need money urgently for any medical emergency. InCred Personal Loans come with many benefits:
• Complete mobile application process
• Quick loan disbursals
• Flexible repayment options
So what are you waiting for? Download the InCred App now!

Our Fees and Charges:
We offer personal loans from INR 50,000 upto 7.5 lakhs basis eligibility. Our
repayment tenure ranges from a minimum of 12 months(360 days) to a maximum of 60 months (1800 days).
Maximum Annual Percentage Rate (APR) - 36%(reducing)
The maximum annual interest rate (reducing) of 36% and other fees iar from the range of 2%-5% subject to the loan amount
e.g.
Sanctioned Loan Amount - 100000
Maximum Annual Percentage (APR) - 21%
Tenure - 36 months
Processing fee including GST - 3540
Disbursed Amount = Sanctioned loan amount - Processing Fees = 100,000 - 3,540=
96,460
EMI - 3,768
Interest - 35,648
Total cost of loan = Principal (Disbursed Amt) + Interest amount + Processing Fees = 96,640+35,648+3540 = 1,35,648
Total amount to pay in 36 months = 1,35,648

For any feedback or queries about InCred App or InCred Loans, write to us on [e-mail] or call us on 1800 102 2192

Ratings and reviews

worst ever app... avoid if you don't want to be frustrated... app gets logged out everytime. They charge highest interest that I have seen in any app. They charge around 30 to 36% interest, processing fee is also very high and foreclosure charge is 5% above. They even have 6 months lock in period and you can even pay part payment or extra EMI by yourself. Even after 6 months you can't foreclose the loan from the app itself, you have to contact customer care, write an email to do that.

It was really a very smooth and hassle free experience with InCred. Starting from customer assistance to approvals, all processings happened very fast. Happy to be satisfied customer.

It always shows credit limit of 20,000 but then not eligible to withdraw. What's the problem. I have tried to withdraw so many times now but the same thing is being repeated.

What's new

We are enhancing your loan experience with every update. Just turn your auto-update on to make sure you don't miss a thing!